Tag: Business Law

Interesting: Can’t compel arbitration of action to dissolve LLC even if operating agreement has arbitration clause

A California Superior Court Judge in San Diego just issued a ruling denying a motion to compel arbitration of a lawsuit seeking to dissolve an LLC. The LLC operating agreement says that all actions arising from or related to the operating agreement have to be resolved through binding arbitration. And California Supreme Court decisions in…

August 27, 2021
No claim for breach of fiduciary duty against member of manager-membered LLC in California

I am often approached by co-owners or members of an LLC who have been victimized by self-dealing or embezzlement or mismanagement of funds when other members of an LLC have taken money out of the LLC for their own use or simply misused company funds by, for instance, overpaying for equipment in order to help…

June 8, 2021

Interesting: Can’t compel arbitration of action to dissolve LLC even if operating agreement has arbitration clause